Chennai Mirae Asset Investment Managers (India) Pvt Ltd, the asset management company of Mirae Asset Mutual Fund, is in the process of acquiring Sharekhan and is awaiting RBI approval, a senior official said on Tuesday.Mirae Asset Investment Managers (India) Pvt Ltd vice-chairman and managing...
New Delhi, Portfolio management firm Emkay Investment Managers Ltd (EIML) on Thursday announced the launch of an alternative investment fund, Emkay Capital Builder Fund, through which it aims to mobilize Rs 500 crore in the next 6-8 months .The open-ended Category III Alternative Investment...
PNNNew Delhi [India], June 26: In response to record labor market turnover rates, hiroscope.ai, a visionary Force in recruiting technology, introduces its innovative artificial intelligence platform designed to streamline and improve the hiring process for companies around the world. Launched...
New Delhi [India], The Central Bureau of Investigation (CBI) has registered a case against four accused including three then Assistant Managers and one then Office Assistant (Multipurpose) working in Assam Rural Development Bank. Accused of criminal conspiracy and causing loss to the bank by...
New Delhi, Railway Minister Ashwini Vaishnav conducted a detailed assessment exercise of various aspects of safety and passenger amenities with top officials at Rail Bhawan here on Monday.Those who attended the meeting included Railway Board Chairperson and Chief Executive Officer (CEO) Jaya...
According to the WGC, reserve managers' opinion of the yellow metal remains favorable despite two consecutive years of record central bank purchases and the price of gold hitting a new all-time high in 2024.The WGC said the 2024 Central Bank Gold Reserves (CBGR) Survey collected data from a...
New Delhi: The Financial Services Institutions Bureau (FSIB), which oversees directors of state-owned banks and financial institutions, on Monday recommended promotion of five chief general managers to the post of executive directors in various banks.FSIB interviewed 57 candidates between June...
MUMBAI: Kotak Alternate Asset Managers Ltd on Tuesday said it has invested Rs 1,445 crore in Matrix Pharma through a combination of debt and equity to help it acquire the pharmaceutical company.According to an official statement, following the acquisition of Vitris' active pharmaceutical...
Kolkata: AAI's Aviation Safety Directorate is organizing a five-day All India Safety Management System training program for safety managers at the regional headquarters here from June 10 to 14, an official statement said on Monday.The objective of this training is to ensure safe aircraft...
VMPLNew Delhi [India], June 10: Bengaluru-based leading AI-powered conversation intelligence platform Conwin recently introduced two new customer-centric solutions: Real-Time Agent Assist and Manager Assist. Designed for the dynamic environment of BFSI, these tools aim to redefine real-time...
New Delhi, Railway Board Chairperson Jaya Verma Sinha has advised all railway zones to take appropriate precautions for safe train operations during the unusual hot weather conditions in the country.“The country is generally going through scorching heat and extreme weather conditions. To...
VMP New Delhi [India], May 31: Bengaluru-based leading AI-powered conversation intelligence platform Conwin recently introduced two new customer-centric solutions: Real-Time Agent Assist and Manager Assist. Designed for the dynamic environment of BFSI, these tools aim to redefine real-time...
NSE Indices said in a statement that the EV index aims to track the performance of companies that are part of the EV ecosystem or involved in the development of new age automotive vehicles or related technology.The base date of the index is April 2, 2018 and the base value is 1,000."Nifty EV...
New Delhi, NSE Index Ltd, a subsidiary of the National Stock Exchange, on Thursday launched the EV and New Age Automotive Index to track the performance of companies that are part of the EV ecosystem.This will be the country's first electric vehicle (EV) index.NSE Indices said, “The launch...
New Delhi, State Bank of India (SBI) on Tuesday said it has promoted nine Chief General Managers (CGMs) to the rank of Deputy Managing Directors (DMDs).SBI said in a regulatory filing that the promotion will be effective from May 28.It said Shiv Om Dixit, Kshitij Mohan, Satish Rao Nagesh...
New Delhi: With an expected earnings growth of 15 per cent, the benchmark index Nifty 50 could reach the level of 24,500 by December 2024 and cross the 26,500 level by December 2025, Emkay Investment Managers said on Tuesday.The 50-share Nifty closed at 22,888.15 on Tuesday. In the previous...
In a meeting with over 1,500 sales associates and managers, Ravindra clearly asked them to adopt a pull-based sales model instead of "push-based".“Your job is not to sell, but to advise. All you have to do is guide the students and parents who are already interested in the transformative...
New Delhi, Railway Ministry has significantly enhanced the financial power of General Managers and Divisional Managers to speed up the implementation of infrastructure projects.“The proposal to amend the powers of regional units to approve projects was under consideration of the Board for some...
New Delhi, Capital markets regulator Sebi on Friday relaxed the digital onboarding process for clients of portfolio managers, a move aimed at providing ease of doing business.When engaging clients, portfolio managers must ensure that clients use a typed or electronically written note stating...
New Delhi, Market regulator Sebi on Thursday decided to boost collective surveillance of PMS distributors by making it mandatory for them to register with the Association o Portfolio Managers in India (APMI).The move is aimed at promoting ease of doing business initiatives for portfolio...